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๏ปฟAnjali Belgaumkar
๏ปฟAnjali Belgaumkar
Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โEnthusiastโ but trust me I'm getting there.
- Mar 15, 2025 03:51 UTC
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Pi Coin Price Prediction: Pi Network Faces Migration Issues, Drops 10%
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PI $ 0.6767 (-5.87%) 
Pi Coin holds above $1.47 amid market uncertainty, with traders eyeing a breakout above $1.50 that could trigger a rally toward $2.
Pi Network faces KYC migration issues, leading to a 10% price drop, but adoption grows as more businesses in China accept Pi for payments.
The Pi Network community recently celebrated Pi Day, marking the sixth anniversary of the project. Pi Network, a cryptocurrency that allows users to mine coins via their smartphones, has experienced significant price swings since its mainnet launch and subsequent exchange listings. After an initial spike to $2.10, the value of Pi Coin dropped to $1, causing a wave of speculation regarding a potential Binance listing. However, Binance has stated that there is no official confirmation of such a listing, leaving the claims unverified.
Currently, Pi Coin is trading at $1.47, with the price hovering just below the $1.50 mark. The weekend could potentially see further downward pressure, but Pi has managed to stay above $1, maintaining a strong position amidst market uncertainty. There are expectations of a potential bull run, which could drive the coinโs value even higher in the near future.
If Pi manages to close above the $1.50 mark, a continued rally could follow, potentially pushing the price to $2 or higher. With the broader market sentiment turning positive, Pi’s price could reverse in a favorable direction.
Pi Network Faces Migration Issues, Coin Price Drops 10%
Pi Network users who have completed their KYC (Know Your Customer) process are facing challenges transferring their Pi tokens. The issue, reportedly coming from the PI$PI team, has led to a 10% drop in the coinโs price over the past 24 hours. Despite this, the Pi Networkโs economy continues to expand, with more businesses across China accepting Pi for real-world transactions, from restaurants to retail shops. This rapid growth in adoption is seen as a sign of increasing real-world utility for the Pi token and marks a significant step toward a decentralized economy.
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FAQs
There is no official confirmation from Binance regarding a Pi Coin listing, despite ongoing speculation within the crypto community.
If Pi Coin closes above $1.50 and market sentiment remains positive, a rally toward $2 or higher is possible in the near future.
Potential Binance listing, successful KYC migration, increased adoption, and overall market bullishness could push Pi Coin higher.
Yes 
No 
